12 Which of the following statements is true of consequentialism?Multiple Choice09It focuses primarily on individual rights.It views the act of lying as an unethical practice in itself.It is reflected in the way managers use cost-benefit analysis to evaluate alternative courses of action.It is primarily a duty-based view of ethics.It asserts that individuals have rights that should not be infringed, even at the expense of society as a whole, because they have intrinsicmoral value.< Prev12 of 50Noxt

Consequentialism can be defined as a hypothesis that proposes an activity is fortunate or…

Answered: Which of the following statements is…

Managerial Economics: A Problem Solving Approach

5th Edition

ISBN:9781337106665

Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Chapter1: Introduction: What This Book Is About

Section: Chapter Questions

Problem 3MC

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Which of the following is the best example of positive economic analysis? Group of answer choices Congress repealing the individual mandate portion of Obamacare Determining whether changes in the Medicaid reimbursement rate for medical procedures affects how many providers accept Medicaid insurance. Deciding what the income threshold for Medicaid eligibility is An employer deciding whether or not to offer healthcare coverage to family members of employees Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure
What issue does the "principal-agent" model address?a. public goods-the problem ofemployers abuseb. asymmetric information-the problem of adverse selectionc. externalities-the problem of network effects Odpublic goods-the problem of employees abusee. asymmetric information-the problem of incentive compatibility
implementation and enforcement of the seat belt law has resulted in an increase in the number of accidents. which core principle is represented in this scenario(if any)? Explanation choose one deminishing returns people response to an incentive cost benefit analysis the suitation does not represent a core principle incentive principle cost,choice,opportunity cost scarcity, choice, opportunity cost compare the cost verses benefit in making decision adding more variable cost to a give fixed factor
Which of the following is INCORRECT regarding the reasons why we continue to study the Malthusian trap, even though evidence shows that it is not currently relevant? (a)Because many people still believe it holds in poor countries today, and the model should be understood to motivate effective debate. (b)Because the model focuses on the microeconomics of family size decision making in which individual levels of living become the principal determinant of a family’s decision to have more or fewer children. (c)Because such traps have occurred in the past and may have been factors in population collapses. (d)The fact that this model no longer applies underlines the importance of factors that can prevent its emergence.
Which of the following correctly identify ways in which cost-effectiveness analysis differs from cost-benefit analysis? You may select multiple answes. A. In a CBA costs and benefits in the distant future are not ignored, but they are in a CEA. B. In a CBA, revealed preference measures can be used as a method of measuring impacts but they are not in a CEA. C. A CBA does not attempt to evaluate efficacy, but a CEA does. D. A CBA monetizes both costs and benefits, whereas CEA only monetizes costs. E. A CBA fails to consider effects on income distribution but a CEA does.
Describe three ways in which human decision making differs from the rational individual conventional economic theory.
What are some of the problems with using utilitarianism for conducting a stakeholder analysis
Question 5 Persuasion targets an attitude, opinion or perspective change. True False Question 6 Which of these is not true of narrative as persuasion?
Which of the following is a fundamental principle of utilitarianism?Select one:a. Inequalities in a society should only exist to the extent to which they benefit the worst off.b. Material achievement justifies sacrifice by the many to ensure the glory of the state and the spread of Enlightenment ideals to foreign lands.c. The best society that one can realistically hope for is that which comes to strive for and realize the greatest good for the greatest number.d. Individuals should only desire that which is the most simple and useful, while that which is extravagant and luxurious should be reserved for what can be enjoyed in common NO NEED TO GIVE EXPLAINATION. JUST GIVE CORRECT ANSWER
Ways in which human decision making differs from the rational individual conventional economic theory
Implementation and enforcement of the seatbelt law has resulted in an increase in the number of accidents. which core principle is represented in the scenario (if any) choose: a. Cost-benefit analysis b. The situation does not represent a core principle c. Scarcity, choice and opportunity cost d. Diminishing returns e. Compare the cost versus benefit in making decision f. Incentive principle g. Scarce resources so choice has to be made h. People are responding to an incentive I. Adding more variable factor to a given fixed factor
Describe 3 ways in which human decision making differs from the rational individual conventional economic theory.

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